Samsung,
India’s largest consumer electronics brand, today announced strong start to the
festive sales on account of positive consumer sentiments, attractive festive
deals,and GST rate cuts on televisions and air conditioners.
Samsung
said sales of its premium smartphones hit a record high during the Navratri and
Dussehra festive period, led by its Galaxy AI-powered portfolio of Z Fold7
foldable smartphone, Galaxy S25 series as well as Galaxy S24 series. Galaxy AI
is Samsung’s cutting-edge artificial intelligence designed to make user
interactions with Samsung smartphones more intuitive, efficient, and
personalised.
“The
sale of premium Galaxy smartphones, priced upwards of INR 30,000, jumped 1.4
times versus the corresponding period last year. Samsung is confident that its
premium AI smartphones will continue to do well in the run-up to the auspicious
Diwali festival,"a Samsung India spokesperson said.
Samsung
had announced attractive festive deals on its premium smartphones, including on
Galaxy S24 Ultra, Galaxy S24, and Galaxy S24 FE, in the run up to the Navratri
sales that started on September 22.
Television
sales witnessed robust growth, buoyed by the reduction in GST rates on larger
televisions (above 32”). Samsung said its Vision AI-powered premium Neo QLED
and OLED televisions saw huge demand from consumers during the two-week period
starting September 22. Samsung Vision AI transforms screens into intelligent
solutions that enrich everyday life, simplifying, enhancing, and empowering
users' daily experiences.
“Sales
of Samsung’s premium televisions jumped 2x as compared to the corresponding
festive period last year on account of unmatched deals, extended warranties,
GST rate cut, and increasing adoption of AI televisions in India. Furthermore,
the sales of refrigerators, washing machines, and ACs posted 1.3x growth during
the Navratri period as compared to the corresponding period last year. Samsung
is confident that its premium Neo QLED and OLED televisions and Bespoke AI
appliances will continue to do well in the run-up to the auspicious Diwali
festival,”aSamsung India spokesperson said.
The
sale of home appliances got a boost during the Navratri festivities as
consumers rushed to take advantage of attractive offers and discounts. Samsung
said its appliances business saw strong growth during the first leg of the
festive season on account of attractive deals that included cashback offers,
easy finance, and extended warranties. AC sales also benefitted fromthe
reduction in GST, enhanced warranty benefits, and energy savings.
Samsung’s
Bespoke AI appliances are built on four distinct consumer benefits: Easy, Care,
Save and Secure to enrich and simplify consumers’ lives with AI.